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DILLARD'S, INC.（DDS）与Masco（MAS）财务数据对比。点击上方公司名可切换其他公司
Masco的季度营收约是DILLARD'S, INC.的1.2倍（$1.8B vs $1.5B），Masco净利率更高（9.2% vs 8.8%，领先0.4%），DILLARD'S, INC.同比增速更快（2.9% vs -1.9%），Masco自由现金流更多（$371.0M vs $156.2M），过去两年Masco的营收复合增速更高（-3.5% vs -16.9%）
Dillard's, Inc.是美国知名连锁百货企业，1938年由威廉·T·迪拉德创立，总部位于阿肯色州小石城，目前在全美30个州运营约272家门店，其中得克萨斯州、佛罗里达州分别设有57家、42家门店，为其门店数量最多的两个区域。
美国家居建材企业Masco主营家装及新建住宅市场相关产品，旗下拥有20余家子公司，在全球运营近80座生产工厂，其中美国本土近60座，海外地区超20座。公司1969年于纽交所挂牌上市，后实现快速增长，成功跻身美国财富500强榜单。
DDS vs MAS — 直观对比
营收规模更大
MAS
是对方的1.2倍
$1.5B
营收增速更快
DDS
高出4.8%
-1.9%
净利率更高
MAS
高出0.4%
8.8%
自由现金流更多
MAS
多$214.8M
$156.2M
两年增速更快
MAS
近两年复合增速
-16.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.8B |
| 净利润 | $129.8M | $165.0M |
| 毛利率 | 43.4% | 33.9% |
| 营业利润率 | 11.5% | 13.8% |
| 净利率 | 8.8% | 9.2% |
| 营收同比 | 2.9% | -1.9% |
| 净利润同比 | 4.2% | -9.3% |
| 每股收益（稀释后） | $8.31 | $0.81 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收DDSMAS
| Q4 25 | $1.5B | $1.8B | ||
| Q3 25 | $1.5B | $1.9B | ||
| Q2 25 | $1.5B | $2.1B | ||
| Q1 25 | $2.0B | $1.8B | ||
| Q4 24 | $1.4B | $1.8B | ||
| Q3 24 | $1.5B | $2.0B | ||
| Q2 24 | $1.5B | $2.1B | ||
| Q1 24 | $2.1B | $1.9B |
净利润DDSMAS
| Q4 25 | $129.8M | $165.0M | ||
| Q3 25 | $72.8M | $189.0M | ||
| Q2 25 | $163.8M | $270.0M | ||
| Q1 25 | $214.4M | $186.0M | ||
| Q4 24 | $124.6M | $182.0M | ||
| Q3 24 | $74.5M | $167.0M | ||
| Q2 24 | $180.0M | $258.0M | ||
| Q1 24 | $250.5M | $215.0M |
毛利率DDSMAS
| Q4 25 | 43.4% | 33.9% | ||
| Q3 25 | 36.6% | 34.2% | ||
| Q2 25 | 43.9% | 37.6% | ||
| Q1 25 | 34.9% | 35.8% | ||
| Q4 24 | 42.6% | 34.8% | ||
| Q3 24 | 37.6% | 36.6% | ||
| Q2 24 | 44.6% | 37.5% | ||
| Q1 24 | 36.6% | 35.6% |
营业利润率DDSMAS
| Q4 25 | 11.5% | 13.8% | ||
| Q3 25 | 6.2% | 15.8% | ||
| Q2 25 | 14.0% | 20.1% | ||
| Q1 25 | 11.7% | 15.9% | ||
| Q4 24 | 11.4% | 15.9% | ||
| Q3 24 | 6.5% | 18.0% | ||
| Q2 24 | 15.2% | 19.0% | ||
| Q1 24 | 13.3% | 16.5% |
净利率DDSMAS
| Q4 25 | 8.8% | 9.2% | ||
| Q3 25 | 4.8% | 9.9% | ||
| Q2 25 | 10.7% | 13.2% | ||
| Q1 25 | 10.6% | 10.3% | ||
| Q4 24 | 8.7% | 10.0% | ||
| Q3 24 | 5.0% | 8.4% | ||
| Q2 24 | 11.6% | 12.3% | ||
| Q1 24 | 11.8% | 11.2% |
每股收益（稀释后）DDSMAS
| Q4 25 | $8.31 | $0.81 | ||
| Q3 25 | $4.66 | $0.90 | ||
| Q2 25 | $10.39 | $1.28 | ||
| Q1 25 | $13.41 | $0.87 | ||
| Q4 24 | $7.73 | $0.85 | ||
| Q3 24 | $4.59 | $0.77 | ||
| Q2 24 | $11.09 | $1.17 | ||
| Q1 24 | $15.41 | $0.97 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.1B | $647.0M |
| 总债务越低越好 | — | $2.9B |
| 股东权益账面价值 | $2.0B | $-185.0M |
| 总资产 | $4.3B | $5.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DDSMAS
| Q4 25 | $1.1B | $647.0M | ||
| Q3 25 | $1.0B | $559.0M | ||
| Q2 25 | $900.5M | $390.0M | ||
| Q1 25 | $717.9M | $377.0M | ||
| Q4 24 | $980.4M | $634.0M | ||
| Q3 24 | $946.7M | $646.0M | ||
| Q2 24 | $817.8M | $398.0M | ||
| Q1 24 | $808.3M | $368.0M |
总债务DDSMAS
| Q4 25 | — | $2.9B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DDSMAS
| Q4 25 | $2.0B | $-185.0M | ||
| Q3 25 | $1.9B | $-78.0M | ||
| Q2 25 | $1.9B | $-84.0M | ||
| Q1 25 | $1.8B | $-254.0M | ||
| Q4 24 | $2.0B | $-279.0M | ||
| Q3 24 | $1.9B | $-88.0M | ||
| Q2 24 | $1.9B | $-26.0M | ||
| Q1 24 | $1.7B | $-75.0M |
总资产DDSMAS
| Q4 25 | $4.3B | $5.2B | ||
| Q3 25 | $3.7B | $5.3B | ||
| Q2 25 | $3.9B | $5.3B | ||
| Q1 25 | $3.5B | $5.1B | ||
| Q4 24 | $4.1B | $5.0B | ||
| Q3 24 | $3.7B | $5.3B | ||
| Q2 24 | $3.9B | $5.4B | ||
| Q1 24 | $3.4B | $5.3B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $186.5M | $418.0M |
| 自由现金流经营现金流 - 资本支出 | $156.2M | $371.0M |
| 自由现金流率自由现金流/营收 | 10.6% | 20.7% |
| 资本支出强度资本支出/营收 | 2.1% | 2.6% |
| 现金转化率经营现金流/净利润 | 1.44× | 2.53× |
| 过去12个月自由现金流最近4个季度 | $781.3M | $866.0M |
8季度趋势，按日历期对齐
经营现金流DDSMAS
| Q4 25 | $186.5M | $418.0M | ||
| Q3 25 | $86.8M | $456.0M | ||
| Q2 25 | $232.6M | $306.0M | ||
| Q1 25 | $364.7M | $-158.0M | ||
| Q4 24 | $173.5M | $407.0M | ||
| Q3 24 | $-68.4M | $416.0M | ||
| Q2 24 | $244.4M | $346.0M | ||
| Q1 24 | $436.5M | $-94.0M |
自由现金流DDSMAS
| Q4 25 | $156.2M | $371.0M | ||
| Q3 25 | $60.1M | $415.0M | ||
| Q2 25 | $215.8M | $270.0M | ||
| Q1 25 | $349.3M | $-190.0M | ||
| Q4 24 | $145.4M | $351.0M | ||
| Q3 24 | $-94.3M | $378.0M | ||
| Q2 24 | $209.2M | $303.0M | ||
| Q1 24 | $408.2M | $-125.0M |
自由现金流率DDSMAS
| Q4 25 | 10.6% | 20.7% | ||
| Q3 25 | 4.0% | 21.6% | ||
| Q2 25 | 14.1% | 13.2% | ||
| Q1 25 | 17.3% | -10.5% | ||
| Q4 24 | 10.2% | 19.2% | ||
| Q3 24 | -6.3% | 19.1% | ||
| Q2 24 | 13.5% | 14.5% | ||
| Q1 24 | 19.2% | -6.5% |
资本支出强度DDSMAS
| Q4 25 | 2.1% | 2.6% | ||
| Q3 25 | 1.8% | 2.1% | ||
| Q2 25 | 1.1% | 1.8% | ||
| Q1 25 | 0.8% | 1.8% | ||
| Q4 24 | 2.0% | 3.1% | ||
| Q3 24 | 1.7% | 1.9% | ||
| Q2 24 | 2.3% | 2.1% | ||
| Q1 24 | 1.3% | 1.6% |
现金转化率DDSMAS
| Q4 25 | 1.44× | 2.53× | ||
| Q3 25 | 1.19× | 2.41× | ||
| Q2 25 | 1.42× | 1.13× | ||
| Q1 25 | 1.70× | -0.85× | ||
| Q4 24 | 1.39× | 2.24× | ||
| Q3 24 | -0.92× | 2.49× | ||
| Q2 24 | 1.36× | 1.34× | ||
| Q1 24 | 1.74× | -0.44× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
DDS
暂无分部数据
MAS
| Plumbing Products | $844.0M | 47% |
| Decorative Architectural Products | $545.0M | 30% |
| Other | $404.0M | 23% |
